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Strong opinions, weakly held, are a cheap call option on information.
Byrne Hobart • The Startling Convexity of Expertise
Peter Lynch, one of the few fund managers who made above-market returns and then got out before the market leveled him, wrote in his book One Up on Wall Street that the amateur investor has “numerous built-in advantages, which, if exploited, should result in outperforming the market and the experts.” In other words, you should be doing this yoursel
... See morePhil Town • Rule #1: The Simple Strategy for Getting Rich--in Only 15 Minutes a Week!
The purpose of volatility is to make people make stupid decisions.
Jared Dillian • No Worries: How to live a stress free financial life
His skill is investing, but his secret is time.